Read More

Site investigation works have been underway since the end of last year and full site preparation is set to take place later this year.

Once complete, the mine will extract up to 10m tonnes a year of polyhalite - a mineral which, when processed into a fertiliser, will be shipped from Teesport.

It is expected to create around 2,500 jobs, including more than 1,000 directly employed by the firm, with the recruitment process ongoing.

Sirius chief executive Chris Fraser has previously described the huge project as “a significant business investment” and added: “It’s been a long journey to this point, and we still have some way to go, but I want to thank everyone who has supported the company.

“We want to get on with the job of delivering this compelling value proposition, not only for our shareholders but also for the North Yorkshire community.”

Read More

Sirius expects to progress the project in two phases: the initial construction phase and the expansion phase.

The initial phase is intended to achieve first production from the mine by the end of 2021 and production capacity of 10 million tonnes a year by mid-2024.

Gareth Edmunds, external affairs director, is reported to have said: “We are very pleased to be able to secure a building that meets the needs of our business. We have been located in the area since the launch of our polyhalite project and this is a further demonstration of our commitment to the region.

“It’s great to be able to bring an iconic building in the town back into productive use and we hope this can offer further encouragement to other businesses considering investing here on the Yorkshire coast.”